#LINK/USDT situation, including the potential retest levels and technical indicators:
#LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels
#Bearish Divergence
Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes...
#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels
#Bearish Divergence
A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is...
MCap ~ 3200 Cr., D/E ~ 0.02
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a...
